MARKETS

Alpha president poached

ALPHA Natural Resources president Paul Vining was poached by a rival US coal player while Alpha's...

Blair Price

On Monday Alpha said Vining was leaving on January 31 to accept a “CEO position with a Cline Group affiliate that will be focused on the acquisition and operation of coal mines outside the United States”

“Upon Vining's departure, executive vice president and chief commercial officer Brian Sullivan, and newly appointed executive vice president, mining operations Keith Hainer, will take on expanded responsibilities within the company," Alpha said.

“Both Sullivan and Hainer will report directly to Alpha's chairman and CEO Kevin Crutchfield.”

Crutchfield still had kind words for head-hunted Vining.

"Paul has been an asset and leader for a number of coal companies throughout his career and the same was true at Alpha,” he said.

“We are grateful for Paul's three-and-a-half years of service and wish him success in his new international venture.”

Meanwhile, Alpha’s veteran CFO Wood will retire on February 28 with Alpha EVP and chief strategy officer Philip Cavatoni tasked with taking over Wood’s CFO role.

Crutchfield praised Wood: "During his time at Alpha and throughout his tremendous 35-year career in the coal sector, Frank has established himself as one of the most respected financial professionals in the business.”

“More than that, he is an institution within this industry. We are sad to see him go, but wish him well on a retirement well earned."

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production